China’s DeepSeek Uses Banned Nvidia Chips for AI Model, Report Says

    (Bloomberg) — Chinese artificial intelligence startup DeepSeek has relied on Nvidia Corp. (NVDA) chips that are banned in the country to develop an upcoming AI model, according to a new report in The Information. Nvidia’s Blackwell chips were smuggled into China through countries that permitted their sale, The Information reported, citing unnamed sources. More specifically,…

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    The US government is said to be considering allowing Nvidia to sell its H200 AI chips to China. Photo: Shutterstock Images

      China’s Nvidia challengers set for bumper IPOs amid tech self-sufficiency drive

      China’s Nvidia challengers Moore Threads and MetaX are set for their hotly anticipated market debuts, driven by investor excitement over domestic demand for home-grown graphics processing units (GPUs) amid Beijing’s tech self-sufficiency drive. Moore Threads opened a subscription lottery last week at 114.28 yuan per share, the highest pricing among A-share listings this year, and…

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      What to watch this week

      What to watch this week

      As November wraps up, a holiday-shortened week of trading, courtesy of Thanksgiving Day and Black Friday, will greet investors who continue to wrestle with the fallout from Nvidia’s (NVDA) blockbuster earnings report alongside flagging confidence in the overall AI-driven market. On Friday, markets capped a roller-coaster week with daily gains but weekly losses, as the…

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      Trump Administration Ponders Allowing Nvidia To Trade H200 AI Chips With China

      Trump Administration Ponders Allowing Nvidia To Trade H200 AI Chips With China

      President Donald Trump’s administration is reportedly contemplating the possibility of permitting Nvidia Corp. (NASDAQ:NVDA) to trade its H200 artificial intelligence chips with China. What Happened: According to a report, the Trump administration’s internal discussions indicate a significant deviation from its previous stance on semiconductor export controls. However, this potential move remains a subject of debate, with no final decision…

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